Samantha Hurst

New Association Launched to Help Guide Investment Crowdfunding Industry: Association of Online Investment Platforms Seeks to Boost Trust, Educate Investors & Help Businesses in Need of Funding

The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote securities offerings in private firms in need of growth capital. This regulatory change heralded a new era of… Read More

Overfunding: P2P Investment Platform Orca Money Surpasses £500,000 Funding Target on Seedrs

Orca Money, a UK-based P2P investment aggregation platform, has successfully secured its initial £500,000 funding target just days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Orca Money stated it serves two functions, which are its investment solution that enables investors to diversify capital… Read More

UK Real Estate Agency Doorsteps Returns to Crowdcube & Secures £400,000 Funding Target

Just a little over a year after securing more than £500,000 through its first Crowdcube campaign, UK-based real estate agency Doorsteps has returned the equity crowdfunding platform and has already surpassed its initial £400,000 and now nearing £585,000 thanks to more than 150 investors. As… Read More

Bitmain Announces New Crypto Mining Chip

Bitmain Technologies, a China-based consumer-grade ASIC miner, announced last week the launch of its ASIC chip BM1391 for mining cryptocurrencies using the SHA256 algorithm. According to Bitmain, the  ASIC SHA256 algorithm acceleration chip integrates more than a billion transistors and is optimized for maximum efficiency. It… Read More

Crypto Exchange Binance Now Listing Paxos Standard Token

Last week, crypto exchange Binance reportedly listed the Paxos Standard Token under the ticker symbol PAX. Paxo revealed that it issues and redeems PAX tokens one-to-one against U.S. dollars, giving holders a digital equivalent of the dollar that can be moved nearly instantly. Paxos Standard is… Read More

Marketing Tech Company Bread Secures $60 Million Through Latest Equity Financing Round Led By Kinnevik

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

Irish Minister For Finance & Public Expenditure Partners With SFI Research Center ADAPT to Launch New Fintech Research Program

Ireland’s Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., and the SFI Research Centre ADAPT,  announced last week the launch of a new fintech research programme, FinTech Fusion. According to the duo, FinTech Fusion will encourage breakthroughs in payment (PayTech), regulation (RegTech)… Read More

Monzo Milestone: 1 Million People Now Use the Challenger Bank’s Services (Infographic)

UK-based challenger bank Monzo announced on Monday that 1 million people are now using its services. Founded in 2015, Monzo is building a new kind of bank, which will live on smartphone and are built for the way the user lives today.  “We’re doing things… Read More

Overfunding: BrewDog’s Equity for Punks V Surpasses £22 Million Funding Target Following Crowdcube Launch

Just a couple of weeks after making its debut on equity crowdfunding platform Crowdcube, BrewDog’s Equity for Punks V campaign has successfully secured its initial £22 million funding target from more than 1,000 investors. As previously reported, BrewDog was established in 2007 by James Watt and Martin Dickie…. Read More

Blackmoon Launches Prime Meridian Capital Token “BMxPMR”

Blockchain FinTech company, Blackmoon, recently announced the launch of its Prime Meridian Capital token, BMxPMR, which the company states aims to bridge the gap between traditional and crypto investments through the inclusion of high portfolio transparency, flexible monthly liquidity, and audited fund structure. According to… Read More

Humaniq Announces 24 Country Expansion

UK-based fintech Humaniq announced on Thursday it has launched the Humaniq App with full functionality, both wallet and crypto emissions, in an additional 24 countries. According to Humaniq,  the launch, which is from Asia to Latin America, takes the total list of nations Humaniq App operates… Read More

UK Online Platform Primary Bid Secures £2 Million to Accelerate Pan-European Expansion

PrimaryBid, a UK-based online platform that enables retail investors to gain access to discounted equity offerings of publicly listed companies, announced on Thursday it completed a £2 million investment round led by funds managed by Lombard Odier, family offices and a series of angel investors. The… Read More

Plug and Play Singapore Announce First Batch of Startups Selected For Fintech & Insurtech Program

Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More

KPMG Teams up With Workiva For Risk Management, Regulatory Reporting and Compliance Processes

KPMG announced on Tuesday it has teamed up with data collaboration company Workiva to help organizations transform and integrate their risk management, regulatory and financial reporting and compliance processes by using the Workiva Wdesk platform. Through Wdesk, users are able to improve productivity and accountability in… Read More

Sageworks Launches New Loan Automation Tool to Increase Speed Through Financial Institutions’ Lending Processes

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Tuesday the launch of its Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes. According to Sageworks, the Sageworks Loan… Read More

Overfunding: Crowdstacker Surpasses £800,000 Funding Target During the Final Days on Seedrs

Just days before its latest Seedrs funding round is set to close, Crowdstacker, a UK-based peer-to-peer lending platform, has successfully secured its initial 800,000 funding target from nearly 350 investors. As previously reported, Crowdstacker was founded in 2014 and describes itself as an award-winning FCA regulated online… Read More

Update: Mr & Mrs Smith Publicly Opens Crowdcube Round; Already Surpasses £3.7 Million

Just one week after opening its equity crowdfunding campaign on Crowdcube to private investors, luxury travel business, Mr & Mrs Smith, has not only surpassed its £1 million funding target, it has secured £3.7 million from more than 1,000 investors. The funding round has also… Read More

SocietyOne Milestone: Aussie P2P Lender Hits $500 Million in Lending

Australia-based marketplace lender SocietyOne announced on Tuesday it has reached $500 million in loan originations across its personal loan, agri lending, and marketplace business, and is now setting its sights on reaching $1 billion by the end of 2019. The news comes less than a month after… Read More

Plug and Play ADGM Announces First Five Corporate Partners & Seven Startups to Join Fintech Innovation Platform

Plug and Play and Abu Dhabi Global Market (ADGM) announced BNP Paribas, Boubyan Bank, Finablr Group, First Abu Dhabi Bank (FAB), and Riyad Bank have been selected to be the first five corporate partners to join the Plug and Play ADGM Fintech Innovation Platform based… Read More

Blockchain Video Entertainment Marketplace BitMovio Annoucements: Secures Pre-Seed Funding & Launches Closed Beta of Blockchain-Enabled Platform

BitMovio, a U.S.-based blockchain-enabled video entertainment marketplace, announced last week it completed a $600,000 pre-seed round of equity funding with participation from Silicon Valley-based IMO Ventures, Basis Set Ventures, and BlockCentury, and Boston-based NorthBay Solutions, the Play Labs Fund, and Seraph Investments. Founded earlier this year by… Read More

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